Multiple Choice
Suppose the figure shown represents the production possibilities frontier for Country A. Country B offers to give 4 TVs to Country A for every cellphone it receives. Assuming Country A fully specializes in cellphone production and that it wishes to consume 24 cellphones total, how many TVs can Country A consume after trade?
A) 30 TVs
B) 48 TVs
C) 96 TVs
D) 28 TVs
Correct Answer:
Verified
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